DTEK Renewables invests in a new solar park in Romania

Green Forum
DTEK Renewables International, part of the DTEK energy, announced at the end of January that it is investing in a new project in Romania, a solar park in Glodeni in Mures County, after previously acquiring a wind farm in Iasi.

Project Glodeni is a 53 MWp solar park in Mures County, Romania. Construction began in March 2023, with the energy being accepted by Transelectrica on January 5, 2024. DTEK Renewables International has entered into partnerships with specialized contractors and manufacturers, including Ostenweg, Risen, Ideematec, Krone Solar, and Energobit. The total investment amounts to €43 million.

Previously, DTEK Renewables announced the acquisition of a 60 MW wind farm in Ruginoasa, Iași County, with 10 Vestas V162-6.0 MW turbines. The total investment is €107 million. Construction works started in March 2023, with contractors Eximprod Engineering, Tractebel Engineering, and Electromontaj. 

The two Romanian projects – one wind and one solar – are the first in an EU portfolio that will span Italy, Poland, Romania and Croatia and are being developed by DTEK's wholly-owned subsidiary DTEK Renewables International (DRI), based in the Netherlands. The two projects in Romania are the first in DRI's plans to reach 5GW of installed capacity within the EU by 2030. Together they involved a total investment of €150 million.

Glodeni and Ruginoasa are two projects in a broader DTEK commitment to help decarbonize both the Ukrainian and European power systems and to fully integrate Ukraine's energy system with the EU's. In March 2022, less than a month after russia's full-scale invasion, Ukrainian engineers connected its grid to the European Union's. The move was an important milestone in Ukraine's longer-term vision to become a supplier of green power to the Continent given conditions there. The country boasts plentiful wind and sunshine, good land availability, easier permitting and a highly-skilled workforce.

RECOMMENDED
RECOMMENDED FROM THE HOME PAGE
Energy

Colliers launches Renewable Energy Investment service

Renewable Energy Investments is a proposal from Colliers for investors looking to diversify their property portfolio by expanding into renewable energy projects. The service includes comprehensive transactional advice, investment support for photovoltaic and wind farms and energy storage.

READ MORE
Green Forum  |  16 May, 2024 at 11:00 PM
Green Forum  |  16 May, 2024 at 11:00 PM